Business
Business, 19.03.2021 01:00, iwannasleep

Your friend just got an unexpected $1,000 tax refund. She plans to put $800 towards paying off credit card debt, $100 toward her student loans, and use the remaining $100 to purchase a new grill for her deck. What's your friend's marginal propensity to consume (MPC)? MPC: By how much did she increase her net wealth? Change in net wealth: $

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